PYMNTS-MonitorEdge-May-2024

Inflection

AI Firms Seek Big Tech Rescues as Enthusiasm Wanes
AI Firms Seek Big Tech Rescues as Enthusiasm Wanes
August 06, 2024  |  artificial intelligence

Character.AI and Google. Adept AI and Amazon. Microsoft and Inflection. What do these companies have in common? As The Wall Street Journal (WSJ) reported Tuesday (Aug. 6), they’re all part of a new trend in...

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Bite-Sized AI: Why Smaller Models Like Microsoft’s Phi-3 Are Big for Business
Bite-Sized AI: Why Smaller Models Like Microsoft’s Phi-3 Are Big for Business
April 23, 2024  |  artificial intelligence

Smaller artificial intelligence (AI) models, like Microsoft’s recently unveiled Phi-3-mini, are proving that bigger isn’t always better for business applications. These lightweight, efficient models can tackle content creation and data analysis...

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Small Businesses Face Uphill Battle in AI Race, Says AI Index Head
Small Businesses Face Uphill Battle in AI Race, Says AI Index Head
April 17, 2024  |  artificial intelligence

Small and medium-sized businesses will struggle to keep pace with tech giants like OpenAI in developing their own artificial intelligence (AI) models, according to a...

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Microsoft to Open New AI Hub in London
Microsoft to Open New AI Hub in London
April 08, 2024  |  artificial intelligence

Microsoft AI, an artificial intelligence (AI)-focused organization formed by the tech company in March, is opening a new AI hub in London. The Microsoft AI...

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Smaller AI Models Challenge GPT-4, Boost Business Accessibility
Smaller AI Models Challenge GPT-4, Boost Business Accessibility
March 13, 2024  |  artificial intelligence

Inflection’s recent Pi chatbot upgrade showcases the trend of developing smaller, more cost-effective artificial intelligence (AI) models that make AI more accessible for businesses. The chatbot...

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Ex-Google CEO Wants World to Treat AI Like Climate Change
Ex-Google CEO Wants World to Treat AI Like Climate Change
October 20, 2023  |  Artificial Intelligence

Many people have said many of things about generative artificial intelligence (AI). U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said Sunday (Oct. 15)...

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White House: Big Tech and AI Companies Pledge Safe Development
White House: Big Tech and AI Companies Pledge Safe Development
July 21, 2023  |  artificial intelligence

The Biden Administration has announced voluntary commitments from seven companies to help move toward safe, secure and transparent development of artificial intelligence (AI) technology. The...

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